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4plexownerParticipant
“You want to not replenish the FDIC insurance fund and therefore void all FDIC insurance (after all, there won’t be any money for insurance)?”
I’ve arranged my finances and investments such that FDIC insurance isn’t an issue for me – I’ve encouraged friends and family to do the same – people who can’t (or won’t) see what is coming will get the results they deserve – remember, if you choose not to decide, you still have made a choice (Rush’s song, Freewill)
the collapse is inevitable – the only question is timing
personally, I’ll take the collapse now so my children have a chance of a brighter future
4plexownerParticipant“You want to not replenish the FDIC insurance fund and therefore void all FDIC insurance (after all, there won’t be any money for insurance)?”
I’ve arranged my finances and investments such that FDIC insurance isn’t an issue for me – I’ve encouraged friends and family to do the same – people who can’t (or won’t) see what is coming will get the results they deserve – remember, if you choose not to decide, you still have made a choice (Rush’s song, Freewill)
the collapse is inevitable – the only question is timing
personally, I’ll take the collapse now so my children have a chance of a brighter future
4plexownerParticipant“You want to not replenish the FDIC insurance fund and therefore void all FDIC insurance (after all, there won’t be any money for insurance)?”
I’ve arranged my finances and investments such that FDIC insurance isn’t an issue for me – I’ve encouraged friends and family to do the same – people who can’t (or won’t) see what is coming will get the results they deserve – remember, if you choose not to decide, you still have made a choice (Rush’s song, Freewill)
the collapse is inevitable – the only question is timing
personally, I’ll take the collapse now so my children have a chance of a brighter future
4plexownerParticipant“You want to not replenish the FDIC insurance fund and therefore void all FDIC insurance (after all, there won’t be any money for insurance)?”
I’ve arranged my finances and investments such that FDIC insurance isn’t an issue for me – I’ve encouraged friends and family to do the same – people who can’t (or won’t) see what is coming will get the results they deserve – remember, if you choose not to decide, you still have made a choice (Rush’s song, Freewill)
the collapse is inevitable – the only question is timing
personally, I’ll take the collapse now so my children have a chance of a brighter future
4plexownerParticipantAustrian economist Ludwig von Mises (1881 – 1973) said:
“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
4plexownerParticipantAustrian economist Ludwig von Mises (1881 – 1973) said:
“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
4plexownerParticipantAustrian economist Ludwig von Mises (1881 – 1973) said:
“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
4plexownerParticipantAustrian economist Ludwig von Mises (1881 – 1973) said:
“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
4plexownerParticipantAustrian economist Ludwig von Mises (1881 – 1973) said:
“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
4plexownerParticipant“get all our fuel needs from tar sands and oil shale and coal to liquid tech”
you might want to do some research about the energy (natural gas) required to extract oil from the tar sands – the overall gain in energy is minimal – also, if Canada uses the natural gas to extract oil from tar sands then that natural gas isn’t available for export and a significant part of the north east US is without heat in the winter – then there is the massive amount of fresh water required – tar sands are not the panacea that many people thought they would be – the Chinese just invested $1.5 billion (iirc) in the tar sands but they don’t have the nat gas / water issue because they don’t use Canadian nat gas or water
oil shale – similar issues – is there any net gain in energy by the time we get the oil into a pipeline?
coal to liquid – interesting technology – the challenge with coal is that it can’t be put into a pipeline and shipped around the country – converting coal to liquid overcomes that challenge – so now we have liquefied coal in a pipeline – what do we do with it? – it isn’t a replacement for oil – what is the infrastructure cost to implement this technology? – is it just more pie-in-the-sky thinking like hydrogen powered cars?
4plexownerParticipant“get all our fuel needs from tar sands and oil shale and coal to liquid tech”
you might want to do some research about the energy (natural gas) required to extract oil from the tar sands – the overall gain in energy is minimal – also, if Canada uses the natural gas to extract oil from tar sands then that natural gas isn’t available for export and a significant part of the north east US is without heat in the winter – then there is the massive amount of fresh water required – tar sands are not the panacea that many people thought they would be – the Chinese just invested $1.5 billion (iirc) in the tar sands but they don’t have the nat gas / water issue because they don’t use Canadian nat gas or water
oil shale – similar issues – is there any net gain in energy by the time we get the oil into a pipeline?
coal to liquid – interesting technology – the challenge with coal is that it can’t be put into a pipeline and shipped around the country – converting coal to liquid overcomes that challenge – so now we have liquefied coal in a pipeline – what do we do with it? – it isn’t a replacement for oil – what is the infrastructure cost to implement this technology? – is it just more pie-in-the-sky thinking like hydrogen powered cars?
4plexownerParticipant“get all our fuel needs from tar sands and oil shale and coal to liquid tech”
you might want to do some research about the energy (natural gas) required to extract oil from the tar sands – the overall gain in energy is minimal – also, if Canada uses the natural gas to extract oil from tar sands then that natural gas isn’t available for export and a significant part of the north east US is without heat in the winter – then there is the massive amount of fresh water required – tar sands are not the panacea that many people thought they would be – the Chinese just invested $1.5 billion (iirc) in the tar sands but they don’t have the nat gas / water issue because they don’t use Canadian nat gas or water
oil shale – similar issues – is there any net gain in energy by the time we get the oil into a pipeline?
coal to liquid – interesting technology – the challenge with coal is that it can’t be put into a pipeline and shipped around the country – converting coal to liquid overcomes that challenge – so now we have liquefied coal in a pipeline – what do we do with it? – it isn’t a replacement for oil – what is the infrastructure cost to implement this technology? – is it just more pie-in-the-sky thinking like hydrogen powered cars?
4plexownerParticipant“get all our fuel needs from tar sands and oil shale and coal to liquid tech”
you might want to do some research about the energy (natural gas) required to extract oil from the tar sands – the overall gain in energy is minimal – also, if Canada uses the natural gas to extract oil from tar sands then that natural gas isn’t available for export and a significant part of the north east US is without heat in the winter – then there is the massive amount of fresh water required – tar sands are not the panacea that many people thought they would be – the Chinese just invested $1.5 billion (iirc) in the tar sands but they don’t have the nat gas / water issue because they don’t use Canadian nat gas or water
oil shale – similar issues – is there any net gain in energy by the time we get the oil into a pipeline?
coal to liquid – interesting technology – the challenge with coal is that it can’t be put into a pipeline and shipped around the country – converting coal to liquid overcomes that challenge – so now we have liquefied coal in a pipeline – what do we do with it? – it isn’t a replacement for oil – what is the infrastructure cost to implement this technology? – is it just more pie-in-the-sky thinking like hydrogen powered cars?
4plexownerParticipant“get all our fuel needs from tar sands and oil shale and coal to liquid tech”
you might want to do some research about the energy (natural gas) required to extract oil from the tar sands – the overall gain in energy is minimal – also, if Canada uses the natural gas to extract oil from tar sands then that natural gas isn’t available for export and a significant part of the north east US is without heat in the winter – then there is the massive amount of fresh water required – tar sands are not the panacea that many people thought they would be – the Chinese just invested $1.5 billion (iirc) in the tar sands but they don’t have the nat gas / water issue because they don’t use Canadian nat gas or water
oil shale – similar issues – is there any net gain in energy by the time we get the oil into a pipeline?
coal to liquid – interesting technology – the challenge with coal is that it can’t be put into a pipeline and shipped around the country – converting coal to liquid overcomes that challenge – so now we have liquefied coal in a pipeline – what do we do with it? – it isn’t a replacement for oil – what is the infrastructure cost to implement this technology? – is it just more pie-in-the-sky thinking like hydrogen powered cars?
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